PERFECTION INSIDE AND OUT! This 31st floor luxurious gem is presently configured as a one bedroom, one and one-half bathroom layout, however, it can easily be converted into a two bedroom, two bathroom residence with Board approval. There is precedent for this adaptation at The Landmark. Stunningly renovated, this corner apartment boasts two private balconies with captivating northern and western open city vistas. The expansive loft-like living and dining areas feature oversized, wall-to-wall double pane, energy efficient windows that showcase the most amazing views while flooding the space with natural sunlight. The windowed open kitchen is a cook's dream equipped with stainless steel appliances, sleek granite countertops, and custom cabinetry. The kitchen flows effortlessly into the spacious living and dining areas creating a versatile layout well-suited for everyday living and social entertaining. The primary bedroom offers ample space for a king-sized bed with complementary furniture and two full walk-in closets. The ensuite marble bathroom provides convenience and privacy, while an additional half-bathroom is strategically placed for guests. Other features include 1, 100 (approximate) gross interior sq. ft. , new wood plank floors, custom cabinetry with additional storage, crown molding, individual HVAC units, and plentiful closet space throughout. The Landmark is a luxury full-service, pet-friendly cooperative with a 24-hour doorman, additional concierge at peak hours, live-in resident manager, laundry room on every floor, tastefully renovated lobby and hallways, ICON garage on premises with direct access, varying sized storage units for rent, and a beautifully landscaped roof garden showcasing breathtaking 360-degree open City views. No sublease is permitted. $500. 56/month Capital Assessment for the Local Law 126 garage restoration project (anticipated to end in 2025). Maximum allowable financing is 70%, and, there is NO FLIP TAX! Perfect as a primary residence or pied-a-terre, The Landmark has easy access to the Queensboro Bridge and all transportation venues which include the F, Q, 4, 5, 6, N, R, E and M trains, as well as the express downtown and 57th Street crosstown buses. Upper East Side and Midtown shopping, fine restaurants, Trader Joe's, Whole Foods, and a variety of entertainment options are just minutes away.
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William Raveis Mortgage, LLC
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Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $940,000 | $940,000 | $940,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,411 | $5,941 | $7,932 |
Total Monthly Payment | $5,536 | $6,066 | $8,057 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.